Newest Homes for Sale in Penrose, CO

• 

  

  

  /35

  $519,999

  • 3 Beds
  • 2 Baths
  • 1,794 Sq Ft

  1747 16th St, Penrose, CO 81240

  Welcome home to this beautifully updated stucco ranch-style property situated on 10 peaceful acres in Penrose, Colorado. Offering 3 bedrooms and 2 bathrooms, this home combines modern upgrades with country charm and exceptional energy efficiency.Inside, you'll find fresh paint, new flooring, updated ceiling fans, smart lighting, and a fully remodeled bathroom. Major system updates provide

  Coreena Dones The Cutting Edge

  1747 16th St, Penrose, CO 81240
• Explore Penrose

• 

  

  

  /12

  $400,000

  • Land
  • 83.54 Acres
  • $4,788 per Acre

  Lots 6.7 Iron Handle Rd, Penrose, CO 81240

  This PREMIUM 83.54 acres BORDERING MILES OF BLM will make your heart pump as you explore it's varied terrain. From flat,rolling meadows to steep treed hillsides and red rock formations, with your for own GARDEN of the GODS! Private and secluded with elevated views of the valley below and the miles of BLM behind you. No covenants or restrictions, you may camp until you are ready to build. You will

  Linda Mattson Homesmart Preferred Realty

  Lots 6.7 Iron Handle Rd, Penrose, CO 81240
• 

  

  

  /14

  $179,000

  • Land
  • 36.18 Acres
  • $4,947 per Acre

  TBD Lot 5 Iron Handle Rd, Penrose, CO 81240

  Public Remarks: Kettle Canyon – New 36+ Acre Development Be among the first to claim your piece of this stunning new rural development featuring only five 36-acre parcels and one exclusive 80-acre parcel. Lot 5 offers access from County Road 132 onto Iron Handle Road and will have power installed this summer. It has pinons, junipers and rolling grass with unique red rock formations to explore.

  Linda Mattson Homesmart Preferred Realty

  TBD Lot 5 Iron Handle Rd, Penrose, CO 81240
• 

  

  

  /26

  $179,000

  • Land
  • 36.17 Acres
  • $4,949 per Acre

  TBD Lot 4 Iron Handle Rd, Penrose, CO 81240

  Kettle Canyon – New 36+ Acre Development Be among the first to claim your piece of this stunning new rural development featuring only five 36-acre parcels and one exclusive 80-acre parcel. Lot 4 BORDERS BLM and will have power installed this summer. Enjoy breathtaking panoramic views of the majestic 14,000-foot Sangre de Cristo Mountains and surrounding tree-covered peaks in one of Colorado’s

  Linda Mattson Homesmart Preferred Realty

  TBD Lot 4 Iron Handle Rd, Penrose, CO 81240
• 

  

  

  /15

  $179,900

  • Land
  • 39.01 Acres
  • $4,612 per Acre

  TBD Lot 3 Iron Handle Rd, Penrose, CO 81240

  -Kettle Canyon – New 36-40+ Acre Development Be among the first to claim your piece of this stunning new rural development featuring only five 36+acre parcels and one exclusive 80-acre parcel, all with BLM access. Lot 3 offers direct access from County Road 132 or Iron Handle Road and includes power already on the property. Enjoy breathtaking panoramic views of the majestic 14,000-foot Sangre de

  Linda Mattson Homesmart Preferred Realty

  TBD Lot 3 Iron Handle Rd, Penrose, CO 81240
• 

  

  /14

  $179,900

  • Land
  • 40.01 Acres
  • $4,496 per Acre

  TBD Lot 2 County Road 132, Penrose, CO 81240

  Public Remarks: Kettle Canyon – New 36+ Acre Development Be among the first to claim your piece of this stunning new rural development featuring only five 36- 40-acre parcels and one exclusive 80-acre parcel. Lot 2 offers direct access from County Road 132 and includes power already on the property. Enjoy breathtaking panoramic views of the majestic 14,000-foot Sangre de Cristo Mountains and

  Linda Mattson Homesmart Preferred Realty

  TBD Lot 2 County Road 132, Penrose, CO 81240
• 

  

  /12

  $179,900

  • Land
  • 40.02 Acres
  • $4,495 per Acre

  TBD Lot 1 County Road 132, Penrose, CO 81240

  Kettle Canyon – New 36+ Acre DevelopmentBe among the first to claim your piece of this stunning new rural development featuring only five 36-40-acre parcels and one exclusive 80-acre parcel.Lot 1 offers direct access from County Road 132 and includes power already on the property and access to BLM. Enjoy breathtaking panoramic views of the majestic 14,000-foot Sangre de Cristo Mountains

  Linda Mattson Homesmart Preferred Realty

  TBD Lot 1 County Road 132, Penrose, CO 81240
• 

  

  /34

  $429,500

  • 3 Beds
  • 2 Baths
  • 1,639 Sq Ft

  1811 11th St, Penrose, CO 81240

  Welcome to your idyllic retreat, where the serenity of rural living harmonizes with the comforts of a spacious tri-level home. Nestled on a sprawling 10 acres, this property is a canvas for your dreams, complete with outbuildings, former hay fields, and ditch shares, making it the perfect setting for homesteading enthusiasts and nature lovers alike! Step inside to discover a thoughtfully designed

  Kim Martin Proficient Property Mgmt. Svcs

  1811 11th St, Penrose, CO 81240
• 

  

  /59

  $400,000

  • 4 Beds
  • 2 Baths
  • 1,904 Sq Ft

  1055 3rd St, Penrose, CO 81240

  Discover the possibilities on this 4.65-acre property, offering 4 shares of Beaver Park Water and a 4-bedroom, 2-bathroom home that is fully livable but will need some work, providing an opportunity to apply your vision and make it your own. The main living area of the home showcases arched windows that fill the space with natural light, a vintage cast-iron stove adds warmth, charm, and character

  DeeDee Watson Pueblo Home Realty, LLC

  1055 3rd St, Penrose, CO 81240
• 

  

  /38

  $274,900

  • 3 Beds
  • 2 Baths
  • 1,344 Sq Ft

  550 4th St, Penrose, CO 81240

  Welcome to this well-maintained manufactured home set on a spacious one-acre lot in Penrose, Colorado, offering endless possibilities for your rural lifestyle. With a convenient circular driveway and some cross-fencing already in place, this property provides an ideal setting for your aspirations—whether it’s raising animals, tending to horses, or having a spot for all of you extra things. The

  Nick Sartori Real Broker, LLC

  550 4th St, Penrose, CO 81240
• 

  

  /26

  $385,000

  • 3 Beds
  • 2 Baths
  • 1,713 Sq Ft

  62 9th Ave, Penrose, CO 81240

  Discover the perfect blend of comfort, style, and country living with this exceptional 3 bedroom 2 bath horse property with gorgeous mountain views in Penrose. This beautifully updated ranch-style home features thoughtful upgrades throughout, including stunning tile work in the kitchen and bathrooms, newer luxury vinyl plank flooring, new blinds on all windows and rich hickory cabinetry that adds

  Jodi Sue Gardner HomeSmart

  62 9th Ave, Penrose, CO 81240
• 

  

  /41

  $500,000

  • 3 Beds
  • 2 Baths
  • 1,524 Sq Ft

  575 11th St, Penrose, CO 81240

  Horse property with nearly four acres, mountain views, and room for RVs, animals, and hobbies—this Penrose property offers the space and freedom many buyers are searching for. Located just 35 minutes from Colorado Springs and about 25 minutes to Pueblo or Cañon City, you can enjoy peaceful rural living while staying close to city conveniences. The attractive stucco home welcomes you with a

  Wendy Weber 6035 Real Estate Group, LLC

  

  575 11th St, Penrose, CO 81240
• 

  

  /57

  $660,000

  • 4 Beds
  • 2 Baths
  • 4,999 Sq Ft

  855 5th St, Penrose, CO 81240

  Welcome to your Colorado dream home, a stunning 4-bedroom, 2-bath residence in Penrose that perfectly blends luxury living with unparalleled business potential. This property is a rare find for entrepreneurs and business owners, featuring a massive 2,057 sq. ft. climate-controlled workshop with dual mini-split units, a commercial roll-up door, and multiple 20-amp outlets. It is perfect for a home

  Amber Treadwell REAL Broker, LLC

  855 5th St, Penrose, CO 81240
• 

  

  /15

  $175,000

  • Land
  • 40 Acres
  • $4,375 per Acre

  0 Unknown Unit 3237167, Penrose, CO 81240

  Step into Colorado’s past with this distinctive land parcel in the historic town of Wilbur. A BLM berm-built stock pond brings both function and character, while the terrain unfolds in a natural blend of open grassland and scattered pines. Some areas invite you to wander, others feel tucked away and quiet, creating a setting that works just as well for an off-grid homesite as it does for a

  Travis Fraker Redfin Corporation

  0 Unknown Unit 3237167, Penrose, CO 81240
• 

  

  /15

  $175,000

  • Land
  • 40 Acres
  • $4,375 per Acre

  0 Unknown Unit 5317429, Penrose, CO 81240

  Step into Colorado’s past with this distinctive land parcel in the historic town of Wilbur. A BLM berm-built stock pond brings both function and character, while the terrain unfolds in a natural blend of open grassland and scattered pines. Some areas invite you to wander, others feel tucked away and quiet, creating a setting that works just as well for an off-grid homesite as it does for a

  Travis Fraker Redfin Corporation

  0 Unknown Unit 5317429, Penrose, CO 81240
• 

  

  /8

  $120,000

  • Land
  • 5 Acres
  • $24,000 per Acre

  0 J St, Penrose, CO 81240

  This 5 acre parcel is conveniently located in the heart of Penrose, comes with 5 shares of Beaver Park irrigation with gated irrigation pipes and would be a great lot for a new build with mountain views! No other utilities installed; public water, public gas, public electric, cable, phone, etc. available and are to be installed by buyer. Boundaries are marked and survey recently done and

  Michael D Galpin Galpin Real Estate

  

  0 J St, Penrose, CO 81240
• 

  

  /46

  $349,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,216 Sq Ft

  325 5th St, Penrose, CO 81240

  Wonderful 3 Bedroom, 2 Bath Manufactured Home on 4.88 Acres — Custom Woodwork, Solar, and More Discover comfort, character, and wide-open space with this beautifully maintained 3-bedroom, 2 bath manufactured home set on 4.88 private acres. From the moment you step onto the large, covered porch, you’ll feel the warmth and craftsmanship that make this property truly stand out. This property blends

  SHERRI HOOD Homesmart Preferred Realty

  325 5th St, Penrose, CO 81240
• 

  

  /49

  $645,000

  • 4 Beds
  • 3.5 Baths
  • 3,455 Sq Ft

  1000 S St, Penrose, CO 81240

  Set on 9 acres in Penrose, this spacious 2-story home offers a rare blend of square footage, usable land, and flexibility for a variety of lifestyles.Featuring 4 bedrooms and 4 bathrooms across 3,455 finished square feet, the layout provides separation and functionality with multiple living spaces. The upper-level primary suite is generously sized and includes an adjoining bath, walk-in

  

  Kristi Meyer

  Real Broker, LLC

  (719) 745-4416

  1000 S St, Penrose, CO 81240
• 

  

  /33

  $719,000

  • 3 Beds
  • 3 Baths
  • 2,175 Sq Ft

  445 G St, Penrose, CO 81240

  Welcome to one of the best-designed five-acre horse properties in Penrose! Pull in through the remote-controlled gate and drive slowly to take it all in! Nestled attractively on the east end of the property is this charming rancher, detached 38x17 garage, 60x40 heated shop with built-in air compressor, 220 electric, (2) 20 x 60 storage on each side of the shop with loft, (2) 12 x12 horse stalls

  Kimberly Powers Summit & Main Realty Group

  445 G St, Penrose, CO 81240
• 

  /2

  $100,000

  • Land
  • 1.37 Acres
  • $72,993 per Acre

  100 Broadway, Penrose, CO 81240

  Prime Highway 115 frontage in the growing community of Penrose presents a rare opportunity to secure a highly visible commercial site with exceptional accessibility and long-term upside. This approximately 1.5-acre parcel is zoned Business and offers egress from at least two sides, making it ideal for a wide range of commercial uses that benefit from strong traffic flow and easy customer access.

  Tony Greer Keller Williams Performance Realty

  100 Broadway, Penrose, CO 81240
• 

  

  /5

  $245,000

  • Land
  • 27.93 Acres
  • $8,772 per Acre

  2 8th St, Penrose, CO 81240

  Welcome to LightSpring Property with 28 acres of fenced land. Features a non-sulfur 92 degree Hot Mineral Artesian Well flowing continuously from 980 feet below. The well boasts 75 gallons per minute adjudicated water right that is purposed for medicinal and irrigation. An annual 121 AF per year! Multiple possibilities including an excellent location for Solar and Wind farm/agrivoltiac/indoor

  Randy Brady BRADY REALTY

  2 8th St, Penrose, CO 81240
• 

  

  /11

  $125,000

  • Land
  • 4.7 Acres
  • $26,596 per Acre

  1442 K St, Penrose, CO 81240

  This parcel is offered exclusively as a package with the adjacent 4.7-acre residential property MLS#4720347 , creating a rare opportunity to own a total of 9.4 irrigated acres in Fremont County. Discover the perfect opportunity to expand your rural lifestyle with this 4.7-acre irrigated parcel just outside Penrose, Colorado. Whether you're seeking more space for livestock, a productive hay field,

  Tony Greer Keller Williams Performance Realty

  1442 K St, Penrose, CO 81240
• 

  

  /41

  $359,000

  • 3 Beds
  • 2 Baths
  • 1,504 Sq Ft

  117 Hawkins St, Penrose, CO 81240

  Welcome to this custom ranch style home on a large corner lot. The covered front deck, with Trex deck, is the focal point of the curb appeal. As you enter the home you are greeted by the Brazilian hardwood floors in the living room and front bedroom. The bay window allows for natural light. The kitchen has Birch cabinets and a nice sized pantry with the dining room attached looking out on the

  Katharine Wiltfong Reeves Real Estate Llc

  117 Hawkins St, Penrose, CO 81240
• 

  

  /47

  $1,250,000

  • 8,660 Sq Ft

  708 Fremont St, Penrose, CO 81240

  Rare opportunity to own a historic South Colorado building with a lot of history. It has become a landmark with the Billboard and one of the World's largest Rocking Chairs. One of a kind building with high ceilings, wood beams, and brick. Muriel's inside and out. Many upgrades, including electric, plumbing and roof. It would be a great event center or restaurant with opportunities to make it your

  Sam Banning Homesmart Preferred Realty

  708 Fremont St, Penrose, CO 81240
• 

  

  /50

  $424,900

  • 3 Beds
  • 2 Baths
  • 1,224 Sq Ft

  1144 4th St, Penrose, CO 81240

  Welcome to your new horse property with room for many animals! This well-maintained 3-bedroom, 2-bath manufactured home sits on 5 acres with 5 shares of Beaver Creek flood irrigation water, offering both functionality and stunning views. The home was remodeled in 2015 and features newer cabinets, granite countertops, and a durable metal roof. Energy efficiency is a major bonus with fully paid-off

  

  Joe Garcia

  Homesmart Preferred Realty

  (719) 427-4526

  1144 4th St, Penrose, CO 81240
• 

  

  /19

  $635,000

  • 3 Beds
  • 2 Baths
  • 2,950 Sq Ft

  1400 K St, Penrose, CO 81240

  Updated Brick Ranch on 4.7 Irrigated Acres with Horse Barn with adjacent 4.7 acre irrigated parcel for sale separately for $125,000, creating a rare opportunity to own a total of 9.4 irrigated acres in Fremont County. This well-maintained brick ranch in Penrose, Colorado, offers move-in-ready comfort on 9.4 irrigated acres, fenced, and cross-fenced acres, complete with a 30x30 horse barn, small

  Tony Greer Keller Williams Performance Realty

  1400 K St, Penrose, CO 81240
• 

  

  /25

  $575,000

  $20K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,440 Sq Ft

  895 B St, Penrose, CO 81240

  Wonderful 10 acre horse facility for sale in Penrose C0. Great location 30 minutes to both Colo Springs and Pueblo. This property has gorgeous mountain views a mild climate, and is close to many riding trails including Brush Hollow Reservoir. The 36 x 84 barn is a one of a kind structure custom built by the previous owner. Inside there are 5 stalls with attached runs, wash bay, heated tack room,

  Camilo Perez Home Sold Realty, LLC

  

  895 B St, Penrose, CO 81240
• 

  

  /50

  $540,000

  • 4 Beds
  • 3 Baths
  • 2,952 Sq Ft

  855 Marilyn Dr, Penrose, CO 81240

  If you’re searching for horse property in Penrose, Colorado with acreage, barn, and usable land, this property at checks all the boxes. Situated on 3 acres of fully usable land, this Colorado horse property is already set up for animals with fenced pasture, a barn, horse sheds, and room for additional corrals or riding areas.The home offers 2,952 total finished square feet, including 1,476

  John Liese Pikes Peak Dream Homes Realty

  855 Marilyn Dr, Penrose, CO 81240
• 

  

  /30

  $350,000

  • 3 Beds
  • 2 Baths
  • 1,740 Sq Ft

  106 Grant St, Penrose, CO 81240

  If you've been searching for a home that feels welcoming the moment you walk in, this beautifully updated corner lot property is one you'll want to see. With a bright and open layout, the home offers comfortable living spaces designed for both everyday life and entertaining. The main living area is filled with natural light and features a wood burning fireplace that creates a warm and inviting

  The Blickenstaff Group Keller Williams Performance Realty

  106 Grant St, Penrose, CO 81240
• 

  

  /37

  $379,000

  • 2 Beds
  • 2 Baths
  • 2,040 Sq Ft

  1290 B St, Penrose, CO 81240

  Nestled on 10 tranquil acres, this exceptional property offers a seamless blend of natural beauty and modern comfort. Boasting breathtaking 360-degree mountain views and expansive hardwood floors throughout, this 2-bedroom, 2-bathroom home provides the perfect canvas for your dream lifestyle, with the option to easily create a third bedroom. Step inside to discover bright, sun-filled spaces with

  Sofia Taylor Agents Realty of Colorado

  1290 B St, Penrose, CO 81240
• 

  

  /50

  $475,000

  • 3 Beds
  • 2 Baths
  • 1,568 Sq Ft

  340 12th St, Penrose, CO 81240

  Experience the best of country living just minutes from town. Perfectly situated between Cañon City and Pueblo nearPenrose, this private 10-acre retreat offers versatility, wide-open space, and beautiful mountain views. The fully fencedacreage is ideal for horses or livestock and includes a loafing shed/barn for shelter. A seasonal stream with a natural poolmeanders through one corner

  GAYLORD KNEPP Sweet Homes Realty

  

  340 12th St, Penrose, CO 81240
• 

  

  /20

  $75,000

  • Land
  • 5 Acres
  • $15,000 per Acre

  TBD Colorado 67, Penrose, CO 81240

  PICK YOUR LOT!! Sixteen 5.01 acre to 5.06 acre lots individually priced at $75,000 each. Located 10 minutes from Canon City offering quiet rural living with 360 degree views of the surrounding Colorado mountains. Exceptional sunrises and sunsets await! Great place for new home or shop location. No HOA or covenants to allow more uses of the land. Electricity is being installed within 330 feet of

  Lance Tomar Frontier West Realty

  TBD Colorado 67, Penrose, CO 81240
• 

  

  /24

  $45,000

  • Land
  • 2.2 Acres
  • $20,455 per Acre

  TBD County Road 123, Penrose, CO 81240

  PICK YOUR LOT!! Eighteen 1.98 acre to 2.51 acre lots individually priced at $45,000 each. Located only 10 minutes from Canon City, offering quiet rural living with 360 degree views of the surrounding Colorado mountains. Exceptional sunrises & sunsets await! Great place for new home or shop location. No HOA or covenants to allow more uses of the land. Electricity is being install within 330 feet

  Lance Tomar Frontier West Realty

  TBD County Road 123, Penrose, CO 81240
• 

  

  /34

  $399,999

  $40K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,600 Sq Ft

  215 Sherrill Dr, Penrose, CO 81240

  Welcome to this beautiful 3-bedroom, 2-bathroom home nestled in a low-traffic, well-kept neighborhood. Situated on nearly half an acre, this property offers the perfect blend of space, comfort, and modern style. Step inside to an inviting open floor plan featuring gorgeous hardwood floors and abundant natural light. The spacious kitchen is the heart of the home, complete with ample cabinetry,

  Ryan Hand Homesmart Preferred Realty

  215 Sherrill Dr, Penrose, CO 81240
• 

  

  /27

  $305,000

  $5K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,440 Sq Ft

  1780 14th St, Penrose, CO 81240

  Peaceful Colorado Retreat with Mountain Views w/2026 February appraisal for $310,500.00. Escape the noise and enjoy small-town living in this well-maintained 4-bedroom, 2-bath single-story home in Penrose. Set on a spacious lot with open mountain views, this property offers privacy, functionality, and room to breathe. Nearly 4 acres and detached garage and flex-use carports, you can expand your

  Blake Wertz Your Castle Realty LLC

  

  1780 14th St, Penrose, CO 81240
• 

  

  /4

  $107,000

  • Land
  • 3.19 Acres
  • $33,542 per Acre

  35 Top Rail Trail, Penrose, CO 81240

  Build-ready 3.19-acre parcel in Penrose, Colorado with expansive mountain views and unforgettable sunsets. The site is ready for construction and features protective covenants with no HOA, offering both flexibility and value protection. Water tap is paid, and electric is available at the property line, reducing upfront development costs. Plenty of room for horses, a custom home, shop, or

  Kerri Kilgore Realty One Group Apex

  35 Top Rail Trail, Penrose, CO 81240
• 

  

  /50

  $399,812

  $25K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 2,356 Sq Ft

  1376 B St, Penrose, CO 81240

  Discover your slice of paradise in this beautifully maintained 3 Bedroom, 2 Bath, move in ready manufactured home with over 2300 square feet of living space. Perfectly positioned on a serene mesa with 10 Acres of breathtaking landscapes, this property also includes an oversized detached three-car garage with an RV-sized bay and additional workspace providing ample room for vehicles and hobbies.

  Nick Sartori Real Broker, LLC

  1376 B St, Penrose, CO 81240
• 

  

  /48

  $685,000

  $15K PRICE DROP

  • 3 Beds
  • 4 Baths
  • 2,482 Sq Ft

  611 Q St, Penrose, CO 81240

  Welcome to 611 Q St, Penrose, CO 81240 — a rare 20-acre retreat with unmatched versatility, panoramic views, and room to grow. Situated on two fully fenced 10-acre parcels, this exceptional property offers the flexibility to add a second residence (potentially eligible for an additional water tap per Penrose Water District—buyer to verify). Whether you're looking for multi-generational living,

  

  Scott Coddington

  Pulse Real Estate Group Llc

  (719) 568-9053

  611 Q St, Penrose, CO 81240
• 

  

  /12

  $324,900

  • 3 Beds
  • 2 Baths
  • 1,086 Sq Ft

  358 Illinois St, Penrose, CO 81240

  newly updated one level living with paid off solar...A MUST SEE TO APPRECIATE...large primary bedroom with separate adjoining bath nicely updated...luxury vinyl throughout...easy access to large fenced in back yard via separate laundry room door...

  Claudia Banza Homes of Colorado, LLC

  358 Illinois St, Penrose, CO 81240
• 

  

  /48

  $424,900

  $25K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,568 Sq Ft

  1044 P St, Penrose, CO 81240

  Nice Horse property set up with stalls , steel pipe arena , frost free water faucets and gates at both ends . Very roomy 3 bedroom 2 bathroom home with cathedral ceilings and Luxury Plank flooring, and new appliances in 2020. Central Air installed in 2023. Nice master suite with full bathroom, spacious living room, and nice kitchen with granite counters and lots of cabinets. Large fenced in dog

  Kurt Zerby Kurt Zerby Real Estate Group

  1044 P St, Penrose, CO 81240

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